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Nov 26, 2012
11/12
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republicans are resisting the idea that inleasing tax rates on the wealthy will steer the country away from the fiscal cliff even though suspects insist it will. >> i would be very much opposed to raising tax rates, but i believe that we can close a lot of lop holes. >> they have to go up, real or effective tax rates, there are ways of doing this and secondly, we have to gross loopholes. >> lindsey graham is okay with new revenue and willing to cap deductions to get it, but only if democrats agree to reform entitlements like social security and medicare. >> i don't expect the democrats to go for premium ouci do expect them to adjust these entitlement programs before they bankrupt the company. some entilement reform is okay with illinois democratic senator dig durbin, but thinks that social security should be left alone. >> social security does not add one penny to our debt. not a penny. it's a separate funded operation and we can do things and i believe we should, smaller things played out long-term that give it solvency. >> and congressman peter king says nobody will get all they want
republicans are resisting the idea that inleasing tax rates on the wealthy will steer the country away from the fiscal cliff even though suspects insist it will. >> i would be very much opposed to raising tax rates, but i believe that we can close a lot of lop holes. >> they have to go up, real or effective tax rates, there are ways of doing this and secondly, we have to gross loopholes. >> lindsey graham is okay with new revenue and willing to cap deductions to get it, but...
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Nov 23, 2012
11/12
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incentive but the tax incentive is not why most people do it. it impacts how much people are able to give. >> republicans argue against increases in tax rates for fear it will discourage job creation by hitting small business owners who file as individuals. they prepare a limit on deductions perhaps a cap total deductiones by any one tax paper. in addition to rate increases, president obama last his own plan on deductions to limit them to 28%. >> so, in other words, if you were in the 35 or the 33% tax bracket. you could only deduct 28% of the cost of say, charitable contributions. >> charities don't care what form it takes, they are so worried about any tax plans targeting the wealthy, representatives of dozens of charities will converge on washington on december 5th to urge lawmakers to spare charities whatever they decide to do. gregg? >> gregg: jim angle in washington. thanks. some holiday shopper also be able to get same day delivery on the post office. they will launch that in san francisco cost 10 bucks. you have to order online by 3:00 p
incentive but the tax incentive is not why most people do it. it impacts how much people are able to give. >> republicans argue against increases in tax rates for fear it will discourage job creation by hitting small business owners who file as individuals. they prepare a limit on deductions perhaps a cap total deductiones by any one tax paper. in addition to rate increases, president obama last his own plan on deductions to limit them to 28%. >> so, in other words, if you were in...
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Nov 26, 2012
11/12
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>> -- a millionaire's tax. is that what democrats are looking at? >> there are fantasies in both camps. on the one side, it is raising their rates on everybody who makes $250,000 will solve the problem. and the other side is the program that charles outlined. and then there is a third fantasy that the lobbying class in washington, which is much stronger than ever before, will simply be dead and not do anything to try to keep the loopholes they now have, or the preferences day out. >> will the democrats agree to a higher -- above $250,000? >> i do want to make a note aboutcharles's statement one half of washington being liberal. i thought that was a concession. >> if i were to think about the groupies, it would be three- quarters. >> we will talk about the groupies in the military later. i do want to say that nina is absolutely right. the reality is that you cannot do this painlessly. at the same time, all of the tribute that charles paid, and so deservedly so, to the reagan- o'neill plan had an element to that was truly an acceptable to every conser
>> -- a millionaire's tax. is that what democrats are looking at? >> there are fantasies in both camps. on the one side, it is raising their rates on everybody who makes $250,000 will solve the problem. and the other side is the program that charles outlined. and then there is a third fantasy that the lobbying class in washington, which is much stronger than ever before, will simply be dead and not do anything to try to keep the loopholes they now have, or the preferences day out....
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Nov 29, 2012
11/12
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the journal "politico" reported he's urging colleagues to extend middle class tax cuts but allow tax rates for top earners to rise for now. that's what the president wants, but republican leaders have called for raising revenues by closing loopholes and capping deductions. and this morning, house speaker john boehner said he'd reinforced that position to congressman cole. >> you're not going to grow the economy if you raise tax rates on the top two rates. it'll hurt small businesses, it'll hurt our economy, it's why it's not the right approach. we're willing to put revenue on the table as long as we're not raising rates. >> brown: despite the president's talk of changing minds, "politico's" manu raju says that privately, house republicans think they can win this fight. >> right now the republican leadership feels pretty confident that they have most of their folks in line. they all generally support keeping tax rates low for virtually for every single income group. they do not want to see incomes increase for that top tax bracket. >> brown: meanwhile, on the senate floor, minority le
the journal "politico" reported he's urging colleagues to extend middle class tax cuts but allow tax rates for top earners to rise for now. that's what the president wants, but republican leaders have called for raising revenues by closing loopholes and capping deductions. and this morning, house speaker john boehner said he'd reinforced that position to congressman cole. >> you're not going to grow the economy if you raise tax rates on the top two rates. it'll hurt small...
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Nov 29, 2012
11/12
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but state senator-elect jerry hill already says he plans to raise gas taxes and says that's the best if not long-term solution for the area. reporting live in daly city, cate caugiran, cbs 5. >> thank you. >>> you can use your live hi- def doppler on our website to zero in on your neighborhood to see what's going on there. just go to cbssf.com/weather. >>> well, liz had a busy day yesterday because of all the rain but right now it's not too wet so hopefully you're not all that busy in the traffic department. >> it looks okay. gosh, it is amazing what some wet weather will do to the commute. the only thing we got going right now is actually out in napa. we have a traffic alert. it sounds like the northbound lane of highway 121 blocked by 128. a car slowed to avoid a deer and crashed at the scene. so fire crews are there now. they are working to clear it. it's been there since before 3:30 this morning. we'll take live look outside so yeah, the golden gate bridge looks a lot drier this morning than yesterday. and the commute across the span is moving at top speeds, as well. some other b
but state senator-elect jerry hill already says he plans to raise gas taxes and says that's the best if not long-term solution for the area. reporting live in daly city, cate caugiran, cbs 5. >> thank you. >>> you can use your live hi- def doppler on our website to zero in on your neighborhood to see what's going on there. just go to cbssf.com/weather. >>> well, liz had a busy day yesterday because of all the rain but right now it's not too wet so hopefully you're not...
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the words how we are in a strong economy what happens is that each year believe we live facing this tax burden from the spanish state on a spanish state machinery are trying to fear campaign cancel and so we are european see the science and know there's not such press of that that we would be out of the european union seven a half million of people suddenly enough how that would be more difficult actually to manage to good order when it's necessary to be out at it's not a consideration we don't believe we're going to be out of the european union like a scotland are not going to be outside european union just because we are exercising universal rights as is the universal right of subtlety of nation which took our democracy here. coming up in a few minutes it's made of only modern tie is but office opportunity he pulled from a makeshift better ones like jerusalem that on the verge of demolition taking children only place to study that's not a short break and there are not too. waves of corruption are rocking in russia hundreds of millions of dollars vanished from apec building projects an
the words how we are in a strong economy what happens is that each year believe we live facing this tax burden from the spanish state on a spanish state machinery are trying to fear campaign cancel and so we are european see the science and know there's not such press of that that we would be out of the european union seven a half million of people suddenly enough how that would be more difficult actually to manage to good order when it's necessary to be out at it's not a consideration we don't...
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Nov 23, 2012
11/12
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raising tax rates. i think raising tax rates a bit will be okay for the overall marketplace and stock marketplace. but if you raise tax rates too much, i think we can have severe problems with the private sector not want to go hire because they are insure about what their tax bill is going to be at the end of 2013. without any clarity they will back off hiring. rick: the fed chair says make a deal here and the economy looks to be in good shape. so this is the concerns. if no deal is struck we know what happens. we jump off the cliff. if a deal is struck, something everybody can feel relatively good about even though everybody will feel pain, what could that mean for the overall economy? >> i think if there is a reasonable deal struck for the overall economy. then we also -- you have got to keep in mind we have a credit rating in this country that has been hurt and if a deal is not met, then our credit rating could be hurt as well. so i think if a deal is met we have -- i think it will be temporary in na
raising tax rates. i think raising tax rates a bit will be okay for the overall marketplace and stock marketplace. but if you raise tax rates too much, i think we can have severe problems with the private sector not want to go hire because they are insure about what their tax bill is going to be at the end of 2013. without any clarity they will back off hiring. rick: the fed chair says make a deal here and the economy looks to be in good shape. so this is the concerns. if no deal is struck we...
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Nov 21, 2012
11/12
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it looks like a tax, it acts like a tax, it is a tax and congress can do it. host: next is from maryland on the independent line. caller: good morning, i have a statement and a question. i notice that the perception of black man might be a little old. many of us are manipulated by the media. i know this when i am even watching c-span when i hear individuals with an african- american cadence, these particular callers get screened. you rarely hear an intelligent black male on c-span. host: we get a lot of callers and we want to hear from all callers. did you have a question? caller: what is your plan to advance the black agenda? we know that black america and the inner cities have been neglected more than occasionally, academically and otherwise. what is the prescription to fix that? guest: i'm the wrong one to ask that question. i think there is a need for improvement in education and better funding and better standards. president obama is quite interested in that subject but is not a subject that gets into the courts and gets decided as a legal issue. i don't
it looks like a tax, it acts like a tax, it is a tax and congress can do it. host: next is from maryland on the independent line. caller: good morning, i have a statement and a question. i notice that the perception of black man might be a little old. many of us are manipulated by the media. i know this when i am even watching c-span when i hear individuals with an african- american cadence, these particular callers get screened. you rarely hear an intelligent black male on c-span. host: we get...
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Nov 29, 2012
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additional tax increases equal to $600 billion. 2009 level estate tax. multiyear stimulus package starting with at least $50 billion next year alone. permanent increase in the debt ceiling, the debt limit enough to avoid it. in exchange, $400 billion in savings from the medicare and other entitlements to be worked out next year with no guarantees. that didn't go over well. syndicated columnnist charles krauthammer. what is going on here? >> you know, up until today i didn't think -- i did think that the president had shown leg on entitlement reform. he did no 2011. when the house speaker failed to reach a grand bargain. you heard signals from dick durbin said on the sunday shows that medicare had to be on the table. he circled back and say it couldn't be part of the down payment. a lot of confidence that the president is willing to go over the cliff before he would do anything to entitlement. this is the -- the ball is in the democrats' court, not in the republicans that i spoke to today. did say that the administration proposal just as boehner said is n
additional tax increases equal to $600 billion. 2009 level estate tax. multiyear stimulus package starting with at least $50 billion next year alone. permanent increase in the debt ceiling, the debt limit enough to avoid it. in exchange, $400 billion in savings from the medicare and other entitlements to be worked out next year with no guarantees. that didn't go over well. syndicated columnnist charles krauthammer. what is going on here? >> you know, up until today i didn't think -- i did...
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Nov 28, 2012
11/12
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more revenue, more taxes here. what about entitlement changes? >> well, any time you start talking about tweaking these programs, there are groups in washington around the country that mobilize to try and stop cuts. the number two senate democrat, dick durbin, says he'd be open to look at entitlements, but not part of the fiscal cliff talks. here is the senate majority leader's view. >> at the meeting we had that i mentioned with president and the four leaders, president obama said that social security is not part of what is what we're going to do in this. i agree with him. and there are things that i personally believe there are things that we can do with entitlements that don't hurt beneficiaries. >> but if you have each side starting to take things off the table, it makes you wonder if at some point if gets harder to make a deal. shep. >> shepard: mike emmanuel on capitol hill. the white house and president obama will be making their case to regular americans this week. republican leaders say he should be negoti
more revenue, more taxes here. what about entitlement changes? >> well, any time you start talking about tweaking these programs, there are groups in washington around the country that mobilize to try and stop cuts. the number two senate democrat, dick durbin, says he'd be open to look at entitlements, but not part of the fiscal cliff talks. here is the senate majority leader's view. >> at the meeting we had that i mentioned with president and the four leaders, president obama said...
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Nov 21, 2012
11/12
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if this deal happens, you will see taxes go up on 90% of americans. for example, 20 or 30,000 dollars, they would go from receiving money under the earned income tax credit to only $1500. that is just the beginning. unemployment, people have to pay higher taxes in terms of that, this could be a problem for working and middle-class people. jon: back could explain why her people like john boehner say that mr. president, he won the election, it's time for you to lead well. >> we have to face reality that the american people gave the president a do over. the house and the senate, the same position we were in two months ago. the american people may have given the government a do over, but they don't expect a status quo. they want decisions to be made in a bipartisan manner. republicans are willing to meet the president halfway. but he is the leader of the country and it's up to him to propose a plan. it is up to him to provide negotiations and coalesce the deal. a deal can be made and all parties have to come together. we have to give up some revenue. they
if this deal happens, you will see taxes go up on 90% of americans. for example, 20 or 30,000 dollars, they would go from receiving money under the earned income tax credit to only $1500. that is just the beginning. unemployment, people have to pay higher taxes in terms of that, this could be a problem for working and middle-class people. jon: back could explain why her people like john boehner say that mr. president, he won the election, it's time for you to lead well. >> we have to face...
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Nov 21, 2012
11/12
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the tax fight gets shorthanded as raising taxes on rich people. but the first $250,000 of income will be taxed the same as it is now. it stays the same. no additional taxes. no matter how much additional money you make beyond that fresh hold. you may pay a higher rate over $250,000, but purposely reducing your income to under a dollar, is hilarious. so consider had a public service announcement to people of means. or if you prefer, to moneyed americans. if somebody tries to reduce you to reducing your income on purpose to $249,999.99, if somebody tries to talk you into doing that, they are teasing you. it's a hoax to tease you for not understanding math and how taxes work. if you're not a person of money but you know such a person fallen into this trap, it's your choice to leave them floundering for your amusement while they purposely reduce their income to no rational effect. or you can do the right thing and help them understand how marginal tax rates work. class warfare is just a >>> a few months after president obama was inaugurated in 2009, t
the tax fight gets shorthanded as raising taxes on rich people. but the first $250,000 of income will be taxed the same as it is now. it stays the same. no additional taxes. no matter how much additional money you make beyond that fresh hold. you may pay a higher rate over $250,000, but purposely reducing your income to under a dollar, is hilarious. so consider had a public service announcement to people of means. or if you prefer, to moneyed americans. if somebody tries to reduce you to...
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Nov 29, 2012
11/12
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prior to taxes. which is greater than the estimated net worth of kanye, and eli manning, and johansson combineed. trace has the news live in washington. account winners remain anonymous can you? >>trace: they can remain anonymous in five states. but in missouri and arizona, they are not among the states so barring a back door legal maneuver we will find out the winners' name and the winners' hometown. the lottery recommends you take a little time, you think about some plans, practice telling your family "no" and you come forward and you celebrate. in arizona there is no power wall in california, utah, and nevada so the winner in arizona may not be from arizona because people were flooding over to see if they could play with that jackpot. arizona gets $25,000, the store that sold the ticket and in missouri they get $50,000, and that is strictly because of state regulation. nothing else. >>shepard: this lottery created a bunch of millionaires. >>trace: on top of the two huge tickets, there were eight o
prior to taxes. which is greater than the estimated net worth of kanye, and eli manning, and johansson combineed. trace has the news live in washington. account winners remain anonymous can you? >>trace: they can remain anonymous in five states. but in missouri and arizona, they are not among the states so barring a back door legal maneuver we will find out the winners' name and the winners' hometown. the lottery recommends you take a little time, you think about some plans, practice...
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wealthy it has an economy the size of portugal's but in terms of the number in terms of the size of taxes they pay it's much more to central government and they actually get back from a trade in terms of investments in schools and hospitals so they're annoyed about that and particularly when you consider that unemployment here is around twenty five percent so if a referendum does happen i suppose you could say that you would expect people to vote in favor of it although i say that those people who are against separatism to point out that if catalonia would draw from spain it could also mean it has to drop out of the european union and not many people in catalonia would be in favor of that if that turns out to be the case and maybe they would prefer the status quo so there are a lot of ifs and buts but what we do know as a result of today's election there is a growing sentiment of nationalism and a sense for independence here in catalonia. so irish prime minister mariano rajoy catalonia could be expelled from the gale sovereignty by prayer independence activist don argus as her region woul
wealthy it has an economy the size of portugal's but in terms of the number in terms of the size of taxes they pay it's much more to central government and they actually get back from a trade in terms of investments in schools and hospitals so they're annoyed about that and particularly when you consider that unemployment here is around twenty five percent so if a referendum does happen i suppose you could say that you would expect people to vote in favor of it although i say that those people...
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Nov 25, 2012
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. >> i would be very much opposed to raising tax rates. but i believe we can change loopholes. >> i want entitlement reforms. democracies promise to cut spending. we never cut spending. i am looking for revenue for entitlement reform. >> reporter: senator graham says age adjustment and means testing for medicare and social security is a reasonable thing. but illinois democratic senator dick durbin doesn't want to touch social security. he thinks the new revenue should come from an increase on the tax rates of top earners, which is currently 35%. >> let the rates go up to 39. let us also take a look at the deductions. let's make sure that revenue is an integral part of deficit reduction. from my side of the table, bring entitlement reform into the conversation. social security, set aside, doesn't add to the deficit. when it comes to medicare and medicaid, protect the integrity of the program, but give it solvency for more and more years. >> reporter: a source with engine of knowledge -- with knowledge of the negotiation says there is no dat
. >> i would be very much opposed to raising tax rates. but i believe we can change loopholes. >> i want entitlement reforms. democracies promise to cut spending. we never cut spending. i am looking for revenue for entitlement reform. >> reporter: senator graham says age adjustment and means testing for medicare and social security is a reasonable thing. but illinois democratic senator dick durbin doesn't want to touch social security. he thinks the new revenue should come...
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Nov 21, 2012
11/12
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CNNW
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no, it's worse -- look, our taxes are about to go up. not the taxes on our dividends though, right? that's a big part of our retirement. oh, no, it's dividends, too. the rate on our dividends would more than double. but we depend on our dividends to help pay our bills. we worked hard to save. well, the president and congress have got to work together to stop this dividend tax hike. before it's too late. try running four.ning a restaurant is hard, fortunately we've got ink. it gives us 5x the rewards on our internet, phone charges and cable, plus at office supply stores. rewards we put right back into our business. this is the only thing we've ever wanted to do and ink helps us do it. make your mark with ink from chase. >>> the diplomatic effort to halt the violence between israel and gaza further complicated after a bomb rips through a public transport bus in the heart of tel aviv injuring 24 people. though they didn't claim responsibility, a tweet from hamas militants to israelis following the attack quoting -- you opened the gates of hell on yourselves. authorities say 142 people
no, it's worse -- look, our taxes are about to go up. not the taxes on our dividends though, right? that's a big part of our retirement. oh, no, it's dividends, too. the rate on our dividends would more than double. but we depend on our dividends to help pay our bills. we worked hard to save. well, the president and congress have got to work together to stop this dividend tax hike. before it's too late. try running four.ning a restaurant is hard, fortunately we've got ink. it gives us 5x the...
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Nov 24, 2012
11/12
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so, that's what we could give more tax cuts, more tax breaks to corporations, that create these job training programs. >> okay, and i can't believe i'm listening to this, rick. >> rick: less than a minute, go ahead and respond. >> okay, but poor people in this country have it too good and we need to give tax cuts to corporations. >> that's not what i said. >> that's exactly what you said. >> that's not what i said. >> and when we've never had this big a gap between the rich and middle class in this country we need to look at reforming corporate welfare not getting poor people-- >> angela do you want to respond to this before we run out of time. >> now what it's sad that liberals want to treat the poor as second class citizens keep them on the federal plantation, just come vote for us and get a free check. give people a job to give them integrity and dignity. >> rick: angela. >> people are looking for jobs right now. 8% unemployment almost. >> rick: this started off really, really nicely somewhere along the lines we went off the rails a little bit, but we have a couple more weeks to talk abou
so, that's what we could give more tax cuts, more tax breaks to corporations, that create these job training programs. >> okay, and i can't believe i'm listening to this, rick. >> rick: less than a minute, go ahead and respond. >> okay, but poor people in this country have it too good and we need to give tax cuts to corporations. >> that's not what i said. >> that's exactly what you said. >> that's not what i said. >> and when we've never had this big a...
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Nov 25, 2012
11/12
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tax rates. second, though, we have to close some significant loopholes. >> republican senator graham is okay with new revenue and willing to cap deductions but only if democrats agree to reform entitlements such as social security and medicare. >> i don't expect the democrats to go for premium support or voucher plan but i do expect them to adjust the entitlement programs before necessity bankrupt the country. >> some entitlement reform is okay with illinois democratic senator durbin but he thinks social security should be last alone. >> social security does not add one penny to our debt. it is a separate funded operation and we can do things and i believe we should, now, played out long term that gives it solvency. >>peter: congressman king says no one will get what he wants but in president reagan and thomas "tip" o'neill could make a deal, so, too, should speaker boehner and president obama. >>gregg: and now the top people responsible for our defense, first, general petraeus resigning as head
tax rates. second, though, we have to close some significant loopholes. >> republican senator graham is okay with new revenue and willing to cap deductions but only if democrats agree to reform entitlements such as social security and medicare. >> i don't expect the democrats to go for premium support or voucher plan but i do expect them to adjust the entitlement programs before necessity bankrupt the country. >> some entitlement reform is okay with illinois democratic senator...
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Nov 24, 2012
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tax loopholes. speaker boehner says i'm willing to break it and do the latter on deductions and exemptions and saxby chambliss the senator said it's time to ditch grover and his pledge, is it? >> all bets are off. i mean, listen, we're in a mess and all bets are off and we shouldn't be held to political organizations that are influencing our elections in terms of getting this mess taken care of, but you know, listen, i have a novel idea for the president. why doesn't he public size an itemized list of his spending cuts he's prepared to put on the table before asking american people to pay taxes. i mean, it's simple. when you have a credit card debt and you don't ask other people to pay for it or you don't borrow money to pay the interest on it, you make hard choices on your discretionary spending from a weekly basis or a monthly basis, this is just a business that's been run poorly and it's-- >> would you agree the president doesn't have a terribly good track record when it comes for proposals for b
tax loopholes. speaker boehner says i'm willing to break it and do the latter on deductions and exemptions and saxby chambliss the senator said it's time to ditch grover and his pledge, is it? >> all bets are off. i mean, listen, we're in a mess and all bets are off and we shouldn't be held to political organizations that are influencing our elections in terms of getting this mess taken care of, but you know, listen, i have a novel idea for the president. why doesn't he public size an...
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catalonia is actually very wealthy it's a strong it's portuguese but the fact is they give far more in taxes to the central government and they actually get back in terms of investment from madrid in things like schools and hospitals so the overall feeling is that they believe that separatism could well be the way forward what is next for the catalan president after this election. well firstly he will have to try and fulfill his election promise of holding a referendum on independence from spain as you mentioned he did not get an absolute majority so we will not be able to push this through straightaway but luckily for him the second biggest party that was voted in was also pro independence so the feeling is they will be able to negotiate and between them they will have enough power to push through this referendum but the biggest sticking point for this referendum is that it is against the spanish constitution some commentators are saying it could actually lead to the arrest of aftermath and tries to push it through the spanish prime minister matter only what a horse has also said that he wo
catalonia is actually very wealthy it's a strong it's portuguese but the fact is they give far more in taxes to the central government and they actually get back in terms of investment from madrid in things like schools and hospitals so the overall feeling is that they believe that separatism could well be the way forward what is next for the catalan president after this election. well firstly he will have to try and fulfill his election promise of holding a referendum on independence from...
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Nov 21, 2012
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the tax money, he said, could come from reducing deductions. >> we collect $2.2 trillion in taxes but we give away half of it in credits and deductions. >> pelley: the mortgage deduction for example... >> oh there are all kinds. >> pelley: ...charitable deductions. >> there were like 169 different ones used in, i don't know, 2008 or 2009, somewhere in there. >> pelley: but when republicans say "we will not allow tax rates to be increased" you say what? >> well, that's where you start to get into the-- i guess the word parsing that i said one of my other warnings from simpson- bowles is that i'm not a political savant. so some of this stuff i just don't quite get. but the fact is you need more revenue. >> pelley: when it comes to cutting the budget, where does that money come from? >> the big nut is going to have to be medicare/medicaid. and even though people don't want to talk about it... >> pelley: you're not a politician, are you? >> ( laughs ) no. you can't avoid the topic. especially with the baby boomer generation retiring. it will literally crush the system. >> pelley: cote tol
the tax money, he said, could come from reducing deductions. >> we collect $2.2 trillion in taxes but we give away half of it in credits and deductions. >> pelley: the mortgage deduction for example... >> oh there are all kinds. >> pelley: ...charitable deductions. >> there were like 169 different ones used in, i don't know, 2008 or 2009, somewhere in there. >> pelley: but when republicans say "we will not allow tax rates to be increased" you say...
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Nov 27, 2012
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it is like a tax cut for america. >>shepard: if we were to become energy independent, it would certainly change the dynamic in the middle east. >> in question about that. energy independence in a global energy market is a tricky thing. energy more secure? no question. you have seen imports of oil dropping in the united states for the last five, six, seven years. so it is a substantial advantage if the united states. the geopolitics change in a variety of ways, we can use the oil and gas to help allies do things we need them to do abroad n japan you say we need you to put the squeeze on iran on nuclear issues but we will make sure you have enough energy because we will export gas and oil. >>shepard: thank you, john. eight years after the death of yasser arafat, there is a curious thing happening. forensic experts today opened up his tomb amid suspicion he was poisoned. if they poisoned him the way they thing, opening up his tomb will do no good so what are they doing? a young actor who represents half in the show "2 1/
it is like a tax cut for america. >>shepard: if we were to become energy independent, it would certainly change the dynamic in the middle east. >> in question about that. energy independence in a global energy market is a tricky thing. energy more secure? no question. you have seen imports of oil dropping in the united states for the last five, six, seven years. so it is a substantial advantage if the united states. the geopolitics change in a variety of ways, we can use the oil and...
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Nov 29, 2012
11/12
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well, we know that the bush tax cuts are expiring. they'll expire for everyone, not just the top 2%. this is not something we want the american middle class to get hit with a tax increase at this time, but we do believe the wealthiest among us should pay more. and we think that the top 2% should pay a higher tax rate on the money they make after $250,000 a year. we also believe that there's more that can be done, closing loopholes. people say, let's talk about that. . we see the bush era tax cuts expiring for everybody. we see the production tax credit expiring which is something important for work in the wind industry and the area of industry that promotes environmental matters. we also see the expiration of things like the estate tax, the s.g.r., which is the doctors fix for medicare. and we also see the sequestration which is the outcome, time outcome of the budget control act that we passed in august, 2011, which is now coming due, and there will be equal defense and discretionary spending cuts on both sides which will be -- which
well, we know that the bush tax cuts are expiring. they'll expire for everyone, not just the top 2%. this is not something we want the american middle class to get hit with a tax increase at this time, but we do believe the wealthiest among us should pay more. and we think that the top 2% should pay a higher tax rate on the money they make after $250,000 a year. we also believe that there's more that can be done, closing loopholes. people say, let's talk about that. . we see the bush era tax...
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Nov 21, 2012
11/12
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nicole: just thinking about a state tax. if you die better the next year, let's talk about scatter, popular footwear. the financial group raising their ratings on the issuemaker. they talked earlier that the stock was ahead of the fundamentals and they are changing their tune and that is why you are seeing the stock up 12% so they upgraded the positive from neutral, talking about momentum continuing to increase across their product categories heading into 2013. this is good news and they are beginning to see the modest outperforming in the current quarter and a good outlook for 2013. and an up arrow over $2 to the upside. cheryl: thank you very much. see you soon. a terror attack in israel. obama on a bus in tel of the. reports of the cease-fire may be imminent. first as we go to break with the world's currencies. the u.s. dollar. cheryl: breaking news. as the muddling fox news to expect israel to announce a unilateral cease-fire late tonight or early tomorrow. this from fox's lehman from southern israel. >> almost sounds li
nicole: just thinking about a state tax. if you die better the next year, let's talk about scatter, popular footwear. the financial group raising their ratings on the issuemaker. they talked earlier that the stock was ahead of the fundamentals and they are changing their tune and that is why you are seeing the stock up 12% so they upgraded the positive from neutral, talking about momentum continuing to increase across their product categories heading into 2013. this is good news and they are...
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Nov 22, 2012
11/12
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we'll raise taxes on people that can afford it. that what's we throats voatd on and democrats came out on top on that. >> it many parts of the negotiation. rick: a very interesting discussion. i would love to have you back on. they have to come up with a deal by new year's eve. thank you both. heather: the daughter of a soldier hard sat work in dance class when she gets the surprise of a lifetime. a heartwarming story on that coming up. rick: you are probably getting ready for a little turkey and stuffing and apple pie. unfortunately those thanksgiving favorites can take a toll on your body. but don't worry. we have great tips to make your holiday a little healthier. >> i would like to give my family a happy thanksgiving, greetings. hi, brayden, mommy lowstles. hi, whom, i'll talk to you guys later. twins. i didn't see them coming. i have obligations. cute obligations, but obligatio. i need to rethink the core of my portfolio. what i really need is sleep. introducing the ishares core, building blocks for the heart of your portfolio
we'll raise taxes on people that can afford it. that what's we throats voatd on and democrats came out on top on that. >> it many parts of the negotiation. rick: a very interesting discussion. i would love to have you back on. they have to come up with a deal by new year's eve. thank you both. heather: the daughter of a soldier hard sat work in dance class when she gets the surprise of a lifetime. a heartwarming story on that coming up. rick: you are probably getting ready for a little...
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Nov 23, 2012
11/12
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jump off the american for tax reform anti-tax bandwagon. sh chambliss says if we do it norquist's way, we'll continue in debt and i just have a disagreement about that. what does it mean for the fiscal cliff? one of three topics we want to talk about with our panel this morning. the other, there's been a war between israel and hamas, the cia director has resigned, and his ambassador to united nations has remained under fire. we'll also touch on black friday. joining me is anna navarro. good morning. >> good morning, carol. good morning. >> good morning. on to our first topic. is overover, anna? >> well, it sure has a nice ring to it. i say good job to chambliss. your pledge should be to your country, your god, your spouse. that's what it is. i come at this from the jeb bush school of thought. couple of months ago he was being asked about this in congress and he said you don't outsource your convictions. that's exactly the right thing to say and the right thing to think. you should act because that's how you want to act. not because you are
jump off the american for tax reform anti-tax bandwagon. sh chambliss says if we do it norquist's way, we'll continue in debt and i just have a disagreement about that. what does it mean for the fiscal cliff? one of three topics we want to talk about with our panel this morning. the other, there's been a war between israel and hamas, the cia director has resigned, and his ambassador to united nations has remained under fire. we'll also touch on black friday. joining me is anna navarro. good...
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Nov 21, 2012
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we know there will be a lot of tax increases going into effect. americans are going to to be shocked and many things are going to trigger, expiration of the bush tax cuts or increases in affordable health care act and penalties. there are so many things that are going to trigger to increase taxes not only on individuals but businesses and certainly even upon state budgets. >> greta: what is overriding all of this, the reason we're going off the fiscal cliff is because a year and a half ago the congress and president and senate didn't do this work and pushed it up against a deadline. the reason you don't know what is happening with the state guidelines, they had a healthcare claw lau for two years. i know you are a member of congress but nobody is doing any work to get anything done. frankly if you don't know what the rules are, how can you set up the exchange on the promise they are going to do it right later and they don't have a history of doing things right? >> i don't think they're going to have the money to do it in the first place. we're in
we know there will be a lot of tax increases going into effect. americans are going to to be shocked and many things are going to trigger, expiration of the bush tax cuts or increases in affordable health care act and penalties. there are so many things that are going to trigger to increase taxes not only on individuals but businesses and certainly even upon state budgets. >> greta: what is overriding all of this, the reason we're going off the fiscal cliff is because a year and a half...
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Nov 21, 2012
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they tax everything that goes through. nobody can dig a tunnel, operate a tunnel, without paying taxes, officially or unofficially. so there is a feeling that hamas is in a sense turned gaza into its own business. and how -- do people know where all of the rocket batteries are? where hamas is? we ourselves are trying to figure out is there hamas in a building where we are, there might be a strike? do people know everything about the locations of hamas installations? >> fwgaza is a small place. 1.5 million, 1.7 million people. everybody here seems to everybody everybody else, know who their family, what their family background is, so people have a good idea of who is hamas and who isn't. on the other hand, they aren't strangers, palestinians, gazans, like everything else, so they have an ability to sort of slip around and not be -- sort of conceal their identity. but people are very aware of sort of everyone's basic inclinations. >> really interesting, anne marie. when you talk to israeli officials like the ambassador, they
they tax everything that goes through. nobody can dig a tunnel, operate a tunnel, without paying taxes, officially or unofficially. so there is a feeling that hamas is in a sense turned gaza into its own business. and how -- do people know where all of the rocket batteries are? where hamas is? we ourselves are trying to figure out is there hamas in a building where we are, there might be a strike? do people know everything about the locations of hamas installations? >> fwgaza is a small...
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Nov 28, 2012
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we do it through the tax code but the tax code, we are a good example. we are not rich but we are trying to get rich and the tax code goes after those that are trying to get rip. >>neil: isn't california just approved two tax hikes sales and income on your very group. so that is a triple whammy. >>guest: you have to be wired differently to do business in california. you have to extra extra drive. >>neil: why do you do it? >>guest: the weather. >>neil: i will agree with you there. >>guest: our business has to have good weather. we can keep our employees employed year round because it sunny and warm and almost throughout the year, december and january are the exceptions. >>neil: when you say defer deferring to december and january -- let me ask you, if your husband says your business is picking up, that would speak to what the president is saying and to could be the wind at your back? >>guest: i know how hard he works and --. >>neil: your husband? >>guest: yes. >>neil: in the you were talking about your husband? ing he works six days a week and he has done
we do it through the tax code but the tax code, we are a good example. we are not rich but we are trying to get rich and the tax code goes after those that are trying to get rip. >>neil: isn't california just approved two tax hikes sales and income on your very group. so that is a triple whammy. >>guest: you have to be wired differently to do business in california. you have to extra extra drive. >>neil: why do you do it? >>guest: the weather. >>neil: i will agree...
SFGTV2: San Francisco Government Television
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Nov 26, 2012
11/12
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we can talk about regulation and pension and taxes and the government. a lot of that is [inaudible] a survey said housing prices are too high and that is a negative factor on recruitment. i thought, maybe we can bring the prices down. foreclosure works magic. i do not think you want that. you want rising wealth which could translate into a rising houses -- housing prices. you can increase density and breakdown similar rules, you get more people. there's a lot of things. as i drove down here from oakland cut -- oakland, i saw those cars in the ordinary lanes. one person per car. you have this one person with all this steel and plastic and oil. it is ridiculous. we're figuring out ways to do that. whether it is high speed rail or electric cars. the first will be rolling off the factory in treatments in the next few months -- in three months and in the next few months. yes, the innovative companies are small. the electric cars -- the tanks are small but so is fairchild or in tal or hewlett-packard -- intel or hewlett-packard or steve jobs. the seats we plan
we can talk about regulation and pension and taxes and the government. a lot of that is [inaudible] a survey said housing prices are too high and that is a negative factor on recruitment. i thought, maybe we can bring the prices down. foreclosure works magic. i do not think you want that. you want rising wealth which could translate into a rising houses -- housing prices. you can increase density and breakdown similar rules, you get more people. there's a lot of things. as i drove down here...
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Nov 21, 2012
11/12
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tom: raise taxes. it think they have somebody, but the semantics are the speaker is echoing mitt romney's comments about raising revenues. but the union folks are saying, we want to raise tax rates. big difference. >> i don't know if they can get that through. eighty-seven members of congress reelected two years here with a solemn promise that they're not going to vote for any kind of tax increase. get them to vote for some kind of major tax rate increase. a just and see how you can do it >> it's an argument that you would think somebody in the math department would be held to figure out because republicans say the lower raes and revenues go up. we have history to show that. democrats say the opposite. >> and you stimulate your economy. if you raise rates anddon't cut expenditures, what you are doing is making the fiscal problem that much worse. raising rates is aonetime revenue grab. expenditures is a long-term reduction in. and the reality is, wehave to do a lot more of expenditure reduction than we
tom: raise taxes. it think they have somebody, but the semantics are the speaker is echoing mitt romney's comments about raising revenues. but the union folks are saying, we want to raise tax rates. big difference. >> i don't know if they can get that through. eighty-seven members of congress reelected two years here with a solemn promise that they're not going to vote for any kind of tax increase. get them to vote for some kind of major tax rate increase. a just and see how you can do it...
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Nov 23, 2012
11/12
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new taxes pledge. wolf blitzer is off, i'm joe johns, and you're in the situation room. >>> a new front has opened in the unrest with egypt with police firing tier gas at protesters, just outside cairo's main square. we're told the embassy was not a target. demonstrators are demanding that mohammed morsy -- >> reporter: joe, if anyone thought egyptians were tired or weary, all you to do is look at cairo's tahrir square, and that's not the case. they seem as energized at ever, and this time they're going after their current president. >> outraged, clashes, and anguish in tahrir square. this is where egyptians demanded the ousting of hosni last year. >> on thursday, the new president made himself the most powerful man in egypt by announcing sweeping decarerees says are to push forward the drafting of the new constitution, and speed up government still missing a parliament. >> if you ask anyone, overturning any of his declarations -- that border -- so technically, it means for now he can do whatever he wa
new taxes pledge. wolf blitzer is off, i'm joe johns, and you're in the situation room. >>> a new front has opened in the unrest with egypt with police firing tier gas at protesters, just outside cairo's main square. we're told the embassy was not a target. demonstrators are demanding that mohammed morsy -- >> reporter: joe, if anyone thought egyptians were tired or weary, all you to do is look at cairo's tahrir square, and that's not the case. they seem as energized at ever, and...
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Nov 21, 2012
11/12
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according to tax filings, royalties brought in nearly $45 million in 2009. >> whenever there's an attack on a much loved brand, there's a lot of outpouring of support as a result, almost as if the public is lining up behind the brand saying, hey, we're with you. >> reporter: for clash, it's the end of a storied career with a show he described lovingly just months ago. >> i think it's so wonderful to be part of a show that really starts a child, helps with the parent. >> reporter: today in a statement, clash said he was resigning with a very heavy heart. and hopes to resolve these personal matters privately. in the meantime, sesame street says production of its 43rd season will not be affected. chris jansing, nbc news, new york. >>> there are late new developments tonight in the house explosion in indianapolis that left two people in a neighboring house dead, and the entire neighborhood area in ruins. law enforcement sources told the indianapolis star they believe gas was intentionally released into the house, and the spark somehow remotely triggered that led to the blast. search warrants
according to tax filings, royalties brought in nearly $45 million in 2009. >> whenever there's an attack on a much loved brand, there's a lot of outpouring of support as a result, almost as if the public is lining up behind the brand saying, hey, we're with you. >> reporter: for clash, it's the end of a storied career with a show he described lovingly just months ago. >> i think it's so wonderful to be part of a show that really starts a child, helps with the parent. >>...
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Nov 27, 2012
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the estate and gift taxes with a wealth tax of 1.5%. i think it should be graduated and progressive because to meet most important issue is to deal with the wealth nawbility inequality in this country which is much more severe than the income inequality in the country. >> bill: isn't that interesting. wealth inequality. where have we heard that before? carl marks? mao, fidel castro? if the u.s. were to impose a so-called wealth tax, that would be the seizure of private property. thus unconstitutional. on paper we can't do it. but we are living in a very strange time and socialism is close. state of vermont has a socialist senator bernie sanders. he would take everything he could from the wealthy. if congress passes a law that seizes private property from wealthy americans we will no longer have a capitalistic country. when you guys out there yell at me for not calling barack obama a socialist, now you know where the bar is i don't expect barack obama to endorse a health tax if he does all hell is going to break loose. i lived in a state
the estate and gift taxes with a wealth tax of 1.5%. i think it should be graduated and progressive because to meet most important issue is to deal with the wealth nawbility inequality in this country which is much more severe than the income inequality in the country. >> bill: isn't that interesting. wealth inequality. where have we heard that before? carl marks? mao, fidel castro? if the u.s. were to impose a so-called wealth tax, that would be the seizure of private property. thus...
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Nov 24, 2012
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. >>> to politics now and taxes. they are at the heart of the negotiations over the fiscal cliff. and now georgia senator saxby chambliss says a no tax pledge signed by most republicans is standing in the way of getting that deal done. >> times have changed significantly. and i care more about this country than i do about a 20-year-old pledge. i think we owe the debt and we've got to figure out a way to pay it. >> that pledge was written by grover norquist and his group americans for tax reform. norquist talked about this on cnn's "the situation room." >> the commitment he made to the people of georgia was not to me. it was a written commitment to the people of georgia that he would go to washington to reduce government spending and reform government, not raise taxes. if he wants to change his mind and become a tax increaser, so we don't have to reform government, he needs to have that conversation with the people of georgia. >> we've got 38 days before we go over that cliff. if there's no deal before the end of the year, taxes will go up for every american. >>> amid fears the cea
. >>> to politics now and taxes. they are at the heart of the negotiations over the fiscal cliff. and now georgia senator saxby chambliss says a no tax pledge signed by most republicans is standing in the way of getting that deal done. >> times have changed significantly. and i care more about this country than i do about a 20-year-old pledge. i think we owe the debt and we've got to figure out a way to pay it. >> that pledge was written by grover norquist and his group...
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what will make us greece is not raising taxes. what will make us greece is not fixing medicare, medicaid and social security. jon: white house press secretary jay carney says president obama will not give on extending current tax rates on wealthy americans. on entitlements carney says the president is open to changes except when it comes to social security. >> the president has long made clear that he is open to discussions about strengthening social security as part of a separate track. jon: so is the u.s. economy heading for a plunge over the fiscal cliff? with us now, associate editor and columnist for "the hill", a.b. stoddard. so what are the folks that you cover there on capitol hill, what are they saying about the prospects here? >> well, in the last 10 days it starts to sound more and more like democrats don't really have a problem with going over the slope or the cliff. they won't really admit that but it seems that they're not working so hard to stop it. you see the white house trying to tell americans that there is goin
what will make us greece is not raising taxes. what will make us greece is not fixing medicare, medicaid and social security. jon: white house press secretary jay carney says president obama will not give on extending current tax rates on wealthy americans. on entitlements carney says the president is open to changes except when it comes to social security. >> the president has long made clear that he is open to discussions about strengthening social security as part of a separate track....